Paul Merchants Ltd — Important, 11-12-2025: Company Update

Paul Merchants Limited's wholly-owned subsidiary, Paul Merchants Finance Private Limited (PMFPL), has seen its credit rating withdrawn. Acuite Ratings & Research Limited withdrew the 'ACUITE A-' long-term rating for PMFPL's Rs 900 Cr Bank Loan facilities. This action follows PMFPL's request, as the entire loan amount has been fully repaid. The withdrawal signifies that the subsidiary has cleared this specific debt obligation, positively impacting its financial position and overall risk profile for the parent company and its investors.